Holo coin (HOT) Price Prediction: Analysis of the last 2021 Bull Market
In February 2021 we had a memorable event in the world of cryptocurrencies, indeed on February 8 2021 Elon Musk the CEO of Tesla publicly announced that his company had invested $ 1.5 billion in Bitcoin which represents 8% of the assets of the society at the time of the transaction. It was also on that day that later in the evening cryptoassets called ulta low sats * exploded in minutes and performed by a hundred percent. Holo (HOT) is one of these ultra low sats, we can also mention Bittorent (BTT), Wink (WIN) and Dent (DENT).
ultra low sats * = a very affordable crypto asset class, indeed with around 1000 $ it is possible to acquire 1 million units of these cryptocurrencies.
Between February 8 and April 5, 2021, the Holo coin (HOT) made its first big impulse wave after breaking on Monday, February 8, 2021, this big price resistance at the level of 0.001 USD (yes a tenth of a cent of US dollar, a very important psychological threshold for traders and investors). This violent increase therefore lasted 3 months without interruption and with daily variations varying between +50% and +100% the price quickly multiplied by 100. Finally it ran out of juice to continue the increase at the end of 2021 while other projects like LUNA or SOL continued to make new highs in September 2021, the Holo project was not ready because it was still under development. Finally the bear market arrived and the price then fell for many months and finally retraced correctly since the price went back down to retest the famous psychological threshold of 0.001 USD or one tenth of a cent of a US dollar. But fortunately since then the price has started to rise again!
Holo Coin Long Term Price Chart (HOT/USDT)
As we can see from the above Weekly logarithmic chart of HOLO/USD (HOT/USDT) on the Binance exchange. You can see this blue line at $0.001 which served as the first psychological level as well as a pivot between buyers (bull) and sellers (bear). You can see above the second blue line at $0.0023 which has held prices several times in 2019, 2022 and 2023. Once the price passes $0.0023 there is no more resistance before $0.015 and above this threshold it will be possible to aim for new historic highs in 2024 and 2025.
Holo coin (HOT) Price Prediction in 2024
We believe that 2024 will be the year of recognition for the Holo Project. Indeed after being in development for many years; The project was heavily criticized for its slowness but now that development is complete the critics will have to change their tune and admit that this project is a great innovation in the world of blockchain and cryptocurrencies.
The HOT token is a placeholder for the future cryptocurrency HoloFuel (HF), it was designed to become a stable currency because it is backed by the computing power used in the Holo network. This design of HoloFuel should allow it to quickly become much more stable than other cryptocurrencies. Be careful, however, not to confuse HoloFuel (HF) with stable coins attached to the price of the US dollar, such as USDT, USDC tokens. Indeed HoloFuel will not be attached to the price of the US dollar but the computing power (computing power, bandwidth, disk storage), it will be able to reach $1 but go even higher towards $2 or more! However, the volatility will be reduced more and more as it increases, which is why it is important to be an early adopter in order to benefit as much as possible from the price increase.
We believe that in 2024 the price of HOT will outperform against these other cryptoassets such as Bitcoin, Ethereum and Binance Coin. Indeed we can count on major events for the project during this 2024 bull market. We have listed these events:
- Releasing of the official applications: HoloFuel, Cloud Console, SpringBoard...
- Release of community applications: MewsFeed, Fractal Tributes, Kizuna, Flux, Nor Games...
- Switching from Holo RC TestFuel to Holo HoloFuel in Q3 2024
- Listing of the Holo Coin (HOT) on the Binance US platform
- Listing of the Holo Coin (HOT) on the Coinbase platform
- Listing of the HoloFuel (HF) on large echanges worldwide
Holo coin (HOT) price prediction in 2024, 2025, 2030
The years after this bull market of 2024 risk being dangerous for many crypto projects which have no intrinsic value. In fact, the vast majority of these projects are driven by a trend based on marketing and scarcity, which means that even with very few users, promotion on social networks by influencers drives up the price. But be careful, the price rises so quickly that at a certain point there will be no more buyers and a wave of panic risks scaring and causing the departure of many novice investors like in 2018. Fortunately the Holo project will be become HoloFuel will finally be recognized and reach maturity. Its mechanism for regulating the quantity of tokens in circulation will stabilize the price based on supply and demand. We still expect a drop in price between 2024 and 2026, but less significant than the majority of other cryptocurrencies. Then in 2026 and 2030 the price will be able to return to a strong trend just like Bitcoin and the few other surviving cryptocurrencies.
2023 | 2024 | 2025 | 2030 | |
---|---|---|---|---|
Prix (bas) | 0.001 $ | 0.002 $ | 0.10 $ | 2.00 $ |
Prix (haut) | 0.003 $ | 0.50 $ | 1.00 $ | 5.00 $ |
* Disclaimer: Our predictions are made based on many factors from the past such as historical data, social data, technical progress. We are not responsible for any profit / loss. Learn more.